FSPC - ETF AI Analysis
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First Trust Bloomberg Space Economy ETF (FSPC)
Rating:58Neutral
Price Target:―
Positive Factors
Strong International Diversification
The fund spreads its investments across many countries, which can help reduce the impact of problems in any single market.
Exposure to Growing Space Economy Theme
The ETF focuses on companies tied to the space economy, giving investors targeted access to a potentially expanding industry.
Several Top Holdings Showing Solid Momentum
Some of the largest positions, such as ViaSat and key aerospace and technology names, have shown strong year-to-date performance that supports the fund’s long-term potential.
Negative Factors
Recent Weak Overall Performance
The ETF has delivered negative returns over both the year-to-date and the past month, indicating recent performance has been soft.
High Expense Ratio
The fund’s relatively high annual fee means more of investors’ returns are eaten up by costs compared with cheaper ETFs.
Meaningful Exposure to Underperforming Top Holdings
Several major positions, including defense and satellite companies, have shown weak year-to-date performance, which has weighed on the fund’s results.
FSPC Historical Chart
AUM1.80M
RegionGlobal
Expense Ratio0.65%
Beta2.65
IssuerFirst Trust
Inception DateJul 08, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedBloomberg Space Economy Index - USD - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume205
30 Day Avg. Volume1,304
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.09Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FSPC Summary
First Trust Bloomberg Space Economy ETF (FSPC) is a fund that follows the Bloomberg Space Economy Index, focusing on companies that make money from space-related activities. It holds businesses involved in rockets, satellites, space communications, and defense, giving investors a way to invest in the growing space industry. Well-known names in the fund include Northrop Grumman and Palantir Technologies. Someone might invest in FSPC for long-term growth and diversification into a unique theme beyond traditional sectors. However, because it is concentrated in space and defense companies, its price can be more volatile and may go up and down sharply with changes in technology, government spending, and market conditions.
How much will it cost me?This ETF has an annual expense ratio of 0.65%, which means you’ll pay about $6.50 per year for every $1,000 you invest. That’s higher than the average ETF because it’s a specialized, thematically focused fund targeting the space economy rather than a broad, low-cost index.
What would affect this ETF?This ETF could benefit if global demand for satellite internet, Earth imaging, and military space programs grows, supporting companies like SpaceX, Northrop Grumman, and Palantir and boosting the broader industrial and technology sectors it holds. On the negative side, higher interest rates, government budget cuts, launch failures, or stricter regulations on defense and space activities could hurt these specialized aerospace and communications businesses and make this globally focused, space-themed fund more volatile.
FSPC Top 10 Holdings
FSPC is essentially a bet on the global space race, with a heavy tilt toward aerospace and defense names. European giants like Thales and Safran have been steady-to-rising anchors, while Japan’s Mitsubishi Heavy Industries adds another solid industrial pillar. On the tech side, Palantir and ViaSat have been climbing, giving the fund some AI and satellite-communications fuel. But Echostar, L3Harris, and AST SpaceMobile are losing altitude, dragging on returns. Overall, it’s a globally diversified, space-focused basket, but performance is being driven by a handful of stronger, more established players.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Palantir Technologies | 5.59% | $100.76K | $502.36B | 19.16% | 74 Outperform | |
| SpaceX | 5.21% | $93.97K | $2.21T | ― | ― | |
| Mitsubishi Heavy Industries | 5.14% | $92.61K | ¥12.33T | -11.30% | 60 Neutral | |
| Echostar | 4.85% | $87.44K | $27.58B | 28.16% | 57 Neutral | |
| Thales | 4.65% | $83.87K | €44.86B | -16.62% | 73 Outperform | |
| Northrop Grumman | 4.56% | $82.20K | $68.29B | -22.90% | 76 Outperform | |
| ViaSat | 4.50% | $81.16K | $9.92B | 120.75% | 56 Neutral | |
| SAFRAN SA | 4.50% | $81.10K | €131.83B | 6.36% | 67 Neutral | |
| L3Harris Technologies | 4.07% | $73.46K | $44.13B | -18.94% | 70 Neutral | |
| Rocket Lab USA | 3.53% | $63.57K | $40.82B | 6.15% | 57 Neutral |
FSPC Technical Analysis
Negative
―
Price Trends
19.25
Negative
Market Momentum
-0.25
Positive
35.59
Neutral
3.79
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FSPC, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 18.57, equal to the 50-day MA of 19.25, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.25 indicates Positive momentum. The RSI at 35.59 is Neutral, neither overbought nor oversold. The STOCH value of 3.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FSPC.
FSPC Peer Comparison
Comparison Results
Performance Comparison
FSPC
First Trust Bloomberg Space Economy ETF
17.95
-1.31
-6.80%
GNOM
Global X Genomics & Biotechnology ETF
―
―
―
BLDX
Impax Global Infrastructure ETF
―
―
―
FFND
Future Fund Active ETF
―
―
―
GALX
VistaShares Space Supercycle ETF
―
―
―
DIPR
Corgi Space & Satellite Communications ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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